Texmaco in talks with global cos for metro coach JV
MUMBAI, July 3 (Reuters) - Rail wagon maker Texmaco Ltd (TEXM.BO: Quote, Profile, Research) is in talks with global players for a joint venture to make metro coaches, train cars and locomotive components, a senior official told Reuters on Friday. "We are looking at joint ventures... to make metro coaches, EMUs, loco components for which we are tying up with world leaders," AK Vijay, senior vice president, said over the telephone, without divulging any financial details. (Reporting by Swati Pandey; editing by Sunil Nair)
© Thomson Reuters 2009 All rights reserved
UK joins G20 push for world levy on banks
Britain threw its weight behind proposals to impose a global levy on banks to fund future bailouts and called on the G20 to work toward a $100 billion deal to meet the cost of climate change. Full Article | Full Coverage
Galleon case
U.S. insider trading probe widens
Fourteen people were charged with fraud and conspiracy in a dramatic widening of an insider trading scandal. Full Article
India
US
UK
